Grocery Outlet (NASDAQ:GO) Releases FY 2025 Earnings Guidance

Grocery Outlet (NASDAQ:GO) updated its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.780-0.780 for the period, compared to the consensus earnings per share estimate of 0.750. The company issued revenue guidance of -.

Grocery Outlet Price Performance

Shares of GO opened at $10.20 on Wednesday. The firm has a 50-day simple moving average of $12.14 and a two-hundred day simple moving average of $14.28. The stock has a market cap of $1.00 billion, a PE ratio of -204.00, a P/E/G ratio of 1.60 and a beta of 0.47. Grocery Outlet has a 1-year low of $9.74 and a 1-year high of $19.41. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.30 and a quick ratio of 0.25.

Grocery Outlet (NASDAQ:GO) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. Grocery Outlet had a negative net margin of 0.10% and a positive return on equity of 5.86%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the business posted $0.28 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Grocery Outlet has set its FY 2025 guidance at 0.780-0.80 EPS. As a group, analysts forecast that Grocery Outlet will post 0.63 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Morgan Stanley lowered their price target on Grocery Outlet from $15.00 to $14.00 and set an “equal weight” rating for the company in a research report on Thursday, December 4th. Bank of America lowered their target price on Grocery Outlet from $19.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Grocery Outlet in a research note on Wednesday, October 8th. TD Cowen lowered their price objective on shares of Grocery Outlet from $18.00 to $16.00 and set a “hold” rating for the company in a research note on Wednesday, November 5th. Finally, DA Davidson restated a “neutral” rating and issued a $15.00 price objective on shares of Grocery Outlet in a report on Thursday, December 4th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Grocery Outlet presently has an average rating of “Hold” and a consensus target price of $14.86.

Insider Buying and Selling at Grocery Outlet

In related news, EVP Steven K. Wilson sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $12.53, for a total transaction of $313,250.00. Following the sale, the executive vice president directly owned 116,923 shares in the company, valued at approximately $1,465,045.19. This represents a 17.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.50% of the company’s stock.

Institutional Investors Weigh In On Grocery Outlet

Hedge funds and other institutional investors have recently modified their holdings of the company. Thrivent Financial for Lutherans grew its stake in shares of Grocery Outlet by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 72,087 shares of the company’s stock worth $895,000 after purchasing an additional 739 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of Grocery Outlet by 5.5% during the 3rd quarter. Natixis Advisors LLC now owns 30,320 shares of the company’s stock worth $487,000 after acquiring an additional 1,591 shares in the last quarter. Rafferty Asset Management LLC increased its holdings in shares of Grocery Outlet by 7.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 27,017 shares of the company’s stock valued at $336,000 after acquiring an additional 1,852 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its position in shares of Grocery Outlet by 1.7% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 115,509 shares of the company’s stock worth $1,435,000 after acquiring an additional 1,957 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Grocery Outlet by 26.4% during the third quarter. Franklin Resources Inc. now owns 15,114 shares of the company’s stock worth $243,000 after purchasing an additional 3,154 shares during the last quarter. 99.87% of the stock is currently owned by institutional investors and hedge funds.

Grocery Outlet Company Profile

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.